Tax Book 2023

Returns and Assessments Chapter- 17

(a) On E- portal

(b) manually

(c) by post

(d) none of the above

Q.30 A taxpayer can revise the wealth statement as a result of any omission discovered___.

(a) before amendment in assessment has been made

(b) after amendment in assessment has been made

(c) at any time after filing of wealth statement but before the issuance of show cause notice u/s

122 (9)

(d) all of the above

Q.31 Extension may be granted by Commissioner Inland Revenue in respect of ____.

(a) Income tax return

(b) Wealth statement

(c) All of the above

Q.32 A taxpayer can apply for extension in __ under section 119.

(a) Due date for payment of tax

(b) Due date for filing of income tax return

(c) Due date for filing of sales tax return

(d) none of the above

Q.33 A return of income by a company should be filed __.

(a) Electronically

(b) manually

(c) by post

(d) All of the above

Q.34 __ is empowered to select any person for an audit of his income tax affairs.

(a) Commissioner Inland Revenue

(b) Board

(c) Commissioner Inland Revenue (Appeals)

(d) Both (a) and (b)

Q.35 Revision in an assessment order on the request of taxpayer may be made by the Commissioner
Inland Revenue where the order is pending in an appeal before __.
(a) Appellate Tribunal Inland Revenue
(b) Commissioner Inland Revenue (Appeals)
(c) Both ‘a’ and ‘b’
(d) None of the above

Q.36 The Chief Commissioner Inland Revenue is empowered to revise an order regarding issuance of
exemption or lower rate certificate passed by ____.
(a) an authority subordinate to him
(b) Board
(c) himself